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Mike Norman Economics

Links — 30 May 2022 Part 1

Moon of AlabamaUkraine Bits: Russian Artillery - Counter Attacks - New Missile Systemshttps://www.moonofalabama.org/2022/05/ukraine-arty.htmlThe Vineyard of the SakerLavrov x twoAmarynth for the Saker Bloghttp://thesaker.is/lavrov-x-two/MR OnlineEight years ago in Odessa (commemorating the Odessa massacre)Editorshttps://mronline.org/2022/05/30/eight-years-ago-in-odessa/Angry BearAn Army of All-American Paramilitary Death-Squad SoloistsSandwichman (Tom...

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Links — 30 May 2022 Part 2

Consortium NewsSCOTT RITTER: Phase Three in UkraineScott Ritter, former US Marine Corps intelligence officer, serving in the Soviet Union as an inspector implementing the INF Treaty, on General Schwarzkopf’s staff during the Gulf War, and from 1991-1998 as a UN weapons inspectorhttps://consortiumnews.com/2022/05/30/scott-ritter-phase-three-in-ukraine/Reminiscence of the FutureBernhard Did An Excellent Write-up.https://smoothiex12.blogspot.com/2022/05/bernhard-did-excellent-write-up.htmlThe...

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Oh no! Quantitative "tightening" starts in 2 days!

People freaking out over quantitative tightening because they don't really understand what it is or, its effects. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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The Great Borrower/Lender Mismatch(es) — Brian Romanchuk

 The structure of financial markets is influenced by imbalances between how lenders would like to lend, and borrowers would like to borrow. The economist community often refers to “maturity transformation,” but this formulation is too vague to be useful. Instead, we need to look at a few axes of disagreement.The structure of banks to a certain extent bridge these mismatches, which explains why they are the centre of financial markets. However, non-bank financial instruments can be structured...

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Links — 29 May 2022 Part 2

Reminiscence of the FutureGerman General Has An Opinion. So Does Russian General--They Are Close.Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issues.http://smoothiex12.blogspot.com/2022/05/german-general-has-opinion-so-does.htmlCaitlinJohnstone.comTen Times Empire Managers Showed Us That They Want To Control Our Thoughtshttps://caitlinjohnstone.com/2022/05/29/ten-times-empire-managers-showed-us-that-they-want-to-control-our-thoughts/India...

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Bill Mitchell — US Federal Reserve Bank economists going Marxist on us

It only took about 6 decades or so. And, in between, there has been denial, fiction, and diversions. But here we are 2022 and work that was explicit in the 1960s is now being recognised by the central bank of the largest economy. In fact, the foundations of this new acceptance goes back to the C19th and was developed by you know who – K. Marx. Then a socialist in the 1940s wrote a path breaking article further building the foundations. And then a group of Marxist economists brought the ideas...

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Links — 29 May 2022 Part1

A Son of the New American Revolution Two Examples of Russia’s Use of Drone Warfare https://sonar21.com/two-examples-of-russias-use-of-drone-warfare/Ukrainian Military Units Betrayed by Their Commandershttps://sonar21.com/ukrainian-military-units-betrayed-by-their-commanders/ Larry C. Johnson | CEO and...

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Links — 28 May 2022 Part 1

RayMcGovern.comScott Ritter & Ray on Ukraine, Russia, ChinaRay McGovern, co-founder of Veteran Intelligence Professionals for Sanity, and retired 27-year career CIA whose tasks included preparing and briefing The President’s Daily Brief and leading the Soviet Foreign Policy Branch https://raymcgovern.com/2022/05/28/scott-ritter-ray-on-ukraine-russia-china/The Vineyard of the SakerSitrep Operation Z: We’re going down (see the comments also, many good ones.)The Saker...

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Should Congress Shrink the Deficit to Fight Inflation? — Stephanie Kelton

Last month, I was in Brussels for a client event. Instead of the usual keynote address, I did a fireside chat with one of their senior market analysts. He put seven questions to me and then moderated an extended Q&A with the audience. It was a lot of fun.Unfortunately, because it was a private event, there’s no recording for me to share with you. But I thought the questions—and my responses—might be of interest. To avoid writing one really long post, I’ve decided to divide it into a...

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